AIG Launches Largest-Ever Syndicate at Lloyd’s, Operating in High Net Worth Sector May 4, 2020 American International Group has launched Lloyd’s Syndicate 2019 — the largest-ever syndicate to be launched at Lloyd’s. Syndicate 2019 will...
AIG Taps Hancock from Lloyd’s as CEO of International General Insurance February 27, 2020 American International Group Inc. announced that Jon Hancock has been appointed chief executive officer, International General Insurance. In this role,...
AIG to Sell Most of Fortitude Re to Carlyle, T&D Holdings for $1.8 Billion November 26, 2019 American International Group plans to sell the bulk of Fortitude Re to private equity firm The Carlyle Group and Japanese...
Few Hong Kong Firms Have Riot Insurance so They’ll Be Paying for Protest Damages October 21, 2019 By Sumeet Chatterjee and Clare Jim Hong Kong’s businesses will likely foot the bill for vandalism inflicted over the past four months during the territory’s most...
Strong E&S Premium Growth in Response to Weak Results; Top 15 E&S Writers: Fitch September 30, 2019 By L.S. Howard Direct written premiums in the U.S. excess and surplus (E&S) lines market during 2018 grew at its greatest rate since...
AIG Taps Eccles from Argo, Langdon from Chubb for Senior Global Specialty Roles September 26, 2019 American International Group, Inc. announced the appointment of two senior leaders in its global specialty business. Steve Eccles will join...
Cost of Norsk Hydro Cyber Attack Higher than Expected at Nearly $75 Million July 24, 2019 By Gwladys Fouche Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack...
Ex-AIG Employees, Seeking Back-Bonuses of $100M, Win British Court Ruling June 26, 2019 By Jonathan Browning A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle...
2 Ex-AIG Employees Win $10M in France, Ahead of Separate $100M Bonus Case in UK June 21, 2019 By Gaspard Sebag and Jonathan Browning Two former American International Group Inc. employees won awards totaling about $10 million after French judges chastised the insurance giant...
QBE’s Zortman Joins AIG to Lead Private Client Group April 5, 2019 American International Group said Kathleen Zortman will join the company as president and chief executive officer of Private Client Group,...